Please include calculations!

A break-even analysis is a necessary part of any solid marketing plan. It tells you when your sales revenue will cover the costs of running your business, among other metrics. Study chapter 13 for break-even analysis. Please solve the following problem: A product currently sells for $15 per unit. The variable costs are $6 per unit, and 8000 units are sold annually and a profit of $40,000 is realized per year. A new design will increase the variable costs by %20 and Fixed Costs by %10 but sales will increase to 10,000 units per year. At what selling price do we break even. Hint: First you need to calculate the total fixed cost. Then you are able to use the information given to you for the new design. The break-even point is the sales volume where the total sales line intersects with the total costs line (Chapter 13). This sales volume is the point at which total sales equals total costs. Total Costs = Total Variable Costs + Total Fixed Costs Total Revenue = (Selling price) * (number of sold products) At Break-even point: Total Revenue = Total Costs